Profile: Planar Systems Inc (PLNR.OQ)
Planar Systems, Inc. (Planar), incorporated on April 27, 1983, is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a range of flat panel and front- and rear-projection technologies. Planar delivers products for a variety of uses and categorizes the markets it serves: custom and embedded, video wall, information technology, and high-end home. The Company has a global reach with sales offices in North America, Europe, and Asia and manufacturing facilities in Finland, France and North America. In November 2012, the Company sold its electroluminescent (EL) display business to Beneq Oy.
Custom and Embedded
Planar leverages its core competency in electroluminescent (EL) technologies and employs these technologies to focus on providing customized, embedded, and ruggedized displays to original equipment manufacturers (OEMs) and other system suppliers. Key technologies used in products sold to this market also include customized active-matrix liquid crystal display (AMLCD) panels. These technologies are used in a range of applications and industries, including instrumentation, medical equipment, vehicle dashboards, indoor and outdoor digital signage, and military applications, all of which require functionality in demanding usage conditions, such as rugged outdoor conditions, extreme temperatures, instances where shaking or shock is expected, or applications that necessitate three-dimensional (3-D) imaging.
Planar serves the video wall display market by offering both high-resolution flat panel liquid crystal display (LCD) video walls and rear-projection cube video walls for use in venue digital signage, as well as various control room installations. The Company markets these products under the Clarity brand. Digital signage video wall installations are also used in a range of airport, sports arena, corporate, hospitality, and higher-education venues. The market for control room video wall solutions is driven by the development, expansion and upgrade of industrial infrastructure, such as power plants, transportation systems, communication systems, and security monitoring. Control room installations are found in the security, governmental, telecom, energy, industrial, broadcast, and transportation sectors.
Information Technology (IT)
Planar capitalizes on its supply chain, logistics, and distribution relationships to sell a range of primarily LCD based displays to the IT market. These relationships give the Company the ability to drive revenues in a number of product categories, including desktop monitors, touch displays, widescreen monitors, and front-projection equipment through its network of IT resellers.
Planar serves the high-end home market with its high-performance home theater front-projection video systems, video processing equipment, large-format thin video displays, window wall video applications, and a number of accessories. The Company has sold these products under the Runco brand, when it acquired the business assets of Runco International, Inc. (Runco), a high-end, luxury video products. Planar’s Runco products are primarily sold to its established network of custom home installation dealers in the United States.
The Company competes with Barco, Mitsubishi Electric, Eyevis, Christie Digital Systems, Inc., NEC, Samsung, SIM2, Marantz, Dreamvision, Digital Projection International, Panasonic Premiere, Acer, Viewsonic, Dell, Global Display Solutions and Sharp.
Planar Systems Inc
1195 NW Compton Drive
BEAVERTON OR 97006-1992